US September jobs raise rate rise risk

10 October 2016

 

Unemployment in the US remained steady at 5.0% in September as the number of people in the US in employment increased and the participation rate rose. 156,000 new jobs were created but the participation rate rose from 62.8% to 62.9% leaving the unemployment rate steady at 5.0%. Although the numbers were slightly less than expected, the probability of a December rate rise implied by Federal funds futures rose from 55%...

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